The Juggalo Island project started May 24th 2014 with the idea that if enough Juggalos pitched in enough money we could purchase a permanent home for the Gathering of the Juggalos. The Gathering of the Juggalos that year was going to be in Kaiser Missouri at Cry Baby Campground. When locals in the area found out we were coming for 4 days of fun in the sun they boycotted the campground and we were not sure if we would find a host. The gathering was in danger of dissapearing. With enough support, buying a property seemed easy.

With facebook as the primary tool to grow support for the idea we attempted to go viral in the community. Within one month our facebook page https://www.facebook.com/juggaloisland.net had grown to 5,000 likes. We incorporated in Delaware June 4th of 2014 as The Butterfly Corporation with a value of shares sold as $3,612 and a goal of raising two million dollars.

July 1st of 2014 we received our EIN from the IRS. July 31st 2014 we had doubled our budget with $7,265 in value from shares of stock sold and donations.

We were off to a great start and then the project fizzled. At the end of 2016 we had around 500 shareholders and around $13,000 in funds. One of the founding members had been gaining experience in the crytpo currency world. We decided to make an investment of $5,000 in Ethereum blockchain. If we didn’t think of some way to increase our value we would have dissappeard through accounting fees and IRS bills.

We were lucky and were able to get each ETH at $7 which quickly went to $24 each. We sold enough ETH to get the $5,000 back into our checking account. This put us in a great position. We had enough to refund every shareholder, and we had a decent stack of ETH which continued to grow.

February of 2018 we moved the company from Delaware to Wyoming to decrease our taxes. Along with the move we had to change names as our original name was taken. So we became The Butterfly Investment Group. We also decreased the amount of shares from 1,000,000 to 17,000 keeping the par value of $2 we originally sold for, but shares were worth $48 each and the value of the company was $336,000.

Our value has fluctuated continually along the way as the price of ETH was very volatile. The president of the company purchased shares from people and eventually the company was purchasing back shares from shareholders. Not everyone can afford to hold on to the dream and getting them paid felt really good. To date the total paid to shareholders in these sales is close to a quarter million dollars.

Our goal remains the same, to buy a campground that we can enjoy forever. We are ending the year 2025 with over a half million dollars in cryptocurrency. Shares of stock are worth over $100 each with over a 5,000% gain. We have close to 400 shareholders remaining that will continue the project.